Chrysler to Freeze Pension Plan

Chrysler Group LLC will freeze its U.S. pension plan for about 8,000 salaried workers, transferring those employees to a defined contribution plan starting in 2014, the auto maker said on Friday.

The move affects only current salaried workers, not those who have already retired or who are hourly employees. Chrysler hasn't offered pensions to new white-collar hires for about a decade. These 8,000 workers will be able to keep pension...